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A Million Dollar Burger?
Michael Olson’s Food Chain Radio Show #1277
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GUEST: Dr. Jacob Manlove Assistant Professor of Ag Economics Arkansas State University
MSN recently served up some news that caught my attention. The headline read, “Venezuela triples wages but still not enough to buy food.”
Michael Olson Food Chain Radio – Million Dollar Burger?
The writer went on to say that Venezuela’s new minimum wage of seven million bolivars per month is not enough buy two pounds of meat.
Shortly after reading this news, I went out for a leisurely meal with my lady at a nearby sit-down restaurant.
The meal was very good, but nothing special, just a couple of burgers and beers. What did make the meal special was the check that, with tip, approached a hundred dollars!
Yes! Almost a hundred bucks for a couple of burgers and beers!
It is becoming increasingly evident that more money is now buying less food. And that leads us to ask:
Leave Comment Below: Do you think what happened to the price of food in Venezuela can happen in the US?
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“Together, we can eat our way to economic security and personal freedom, and it won’t cost a dime and it will be so easy it will make you blush!”
Michael Olson’s Three Laws of the Food Chain
#1 Agriculture is the foundation upon which we build all our sand castles.
#2 The farther we go from the source of our food, the less control we have over what’s in that food.
#3 Cheap food isn’t! READ MORE
